Shenzhen Kangtai Biological Products Co (SZSE:300601) Cyclically Adjusted PS Ratio : 8.86 (As of Jun. 01, 2024)

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What is Shenzhen Kangtai Biological Products Co Cyclically Adjusted PS Ratio?

As of today (2024-06-01), Shenzhen Kangtai Biological Products Co's current share price is ¥18.25. Shenzhen Kangtai Biological Products Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was ¥2.06. Shenzhen Kangtai Biological Products Co's Cyclically Adjusted PS Ratio for today is 8.86.

The historical rank and industry rank for Shenzhen Kangtai Biological Products Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SZSE:300601' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 9.13 Med: 19.69 Max: 41.33
Current: 9.13

During the past 12 years, Shenzhen Kangtai Biological Products Co's highest Cyclically Adjusted PS Ratio was 41.33. The lowest was 9.13. And the median was 19.69.

SZSE:300601's Cyclically Adjusted PS Ratio is ranked worse than
92.07% of 744 companies
in the Drug Manufacturers industry
Industry Median: 2.085 vs SZSE:300601: 9.13

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Shenzhen Kangtai Biological Products Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was ¥3.109. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ¥2.06 for the trailing ten years ended in Dec23.

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Shenzhen Kangtai Biological Products Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shenzhen Kangtai Biological Products Co's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Shenzhen Kangtai Biological Products Co Cyclically Adjusted PS Ratio Chart

Shenzhen Kangtai Biological Products Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PS Ratio

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41.30

17.65

13.18

Shenzhen Kangtai Biological Products Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cyclically Adjusted PS Ratio	Get a 7-Day Free Trial															-	-	-	13.18	-

Competitive Comparison of Shenzhen Kangtai Biological Products Co's Cyclically Adjusted PS Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Shenzhen Kangtai Biological Products Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Shenzhen Kangtai Biological Products Co's Cyclically Adjusted PS Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Shenzhen Kangtai Biological Products Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shenzhen Kangtai Biological Products Co's Cyclically Adjusted PS Ratio falls into.

Shenzhen Kangtai Biological Products Co Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Shenzhen Kangtai Biological Products Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio	=	Share Price	/	Cyclically Adjusted Revenue per Share
	=	18.25	/	2.06
	=	8.86

Shenzhen Kangtai Biological Products Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Shenzhen Kangtai Biological Products Co's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare	=	Revenue per Share	/	CPI of Dec23 (Change)	*	Current CPI (Dec23)
	=	3.109	/	114.7809	*	114.7809
	=	3.109

Current CPI (Dec23) = 114.7809.

Shenzhen Kangtai Biological Products Co Annual Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201412	0.366	99.000	0.424
201512	0.511	100.600	0.583
201612	0.615	102.600	0.688
201712	1.183	104.500	1.299
201812	2.025	106.500	2.182
201912	1.903	111.200	1.964
202012	2.102	111.500	2.164
202112	5.261	113.108	5.339
202212	2.855	115.116	2.847
202312	3.109	114.781	3.109

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Shenzhen Kangtai Biological Products Co (SZSE:300601) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.

Shenzhen Kangtai Biological Products Co Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Shenzhen Kangtai Biological Products Co's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Shenzhen Kangtai Biological Products Co (SZSE:300601) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Shenzhen Kangtai Biological Products Co Ltd (SZSE:300601) » Definitions » Cyclically Adjusted PS Ratio

Traded in Other Exchanges

N/A

Address

No. 6 Kefa Road, Science and Technology Industrial Park, Nanshan District, Shenzhen, CHN, 518057

Website

http://www.biokangtai.com

Shenzhen Kangtai Biological Products Co Ltd is a human vaccine research and development company. The company is engaged in the research and development, production and sales of recombinant hepatitis B vaccine, b -type influenza Haemophilus conjugate vaccine, measles-rubella combined live attenuated vaccine, cell-free baibai broke b Haemophilus influenzae vaccine and other products.

Executives

Liu Jian Kai	Directors, executives
Tao Jin	Secretary Dong
Zheng Hai Fa	Directors, executives
Zhou Hui	Executives
Miao Xiang	Directors, executives
Wen Fei Dong	Director
Du Wei Min	Directors, executives
Lv Zhi Yun	Supervisors
Gan Jian Hui	Executives
Zhu Zheng Yu	Executives
Liu Qun	Executives
Li Tong	Executives
Yuan Li Ping	Director
Li Xiang Ming	Independent director

Shenzhen Kangtai Biological Products Co (SZSE:300601) Headlines

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